Full-Time

Channel Account Executive

Posted on 7/29/2024

AppZen

AppZen

201-500 employees

Automates financial processes using AI

Fintech
AI & Machine Learning

Mid

Remote in USA

Category
Field Sales
Strategic Account Management
Sales & Account Management
Required Skills
Salesforce
Requirements
  • Bachelor's degree in Business, Marketing, or a related field.
  • 3+ years of experience in channel sales, preferably in the enterprise SaaS industry.
  • 1-2+ years selling AP Automation or P2P (procure-to-pay) process.
  • Proven track record of achieving sales targets and driving revenue growth through channel partners.
  • Strong understanding of the enterprise SaaS market and related technologies.
  • Excellent communication, negotiation, and relationship-building skills.
  • Ability to work independently and as part of a team in a fast-paced, dynamic environment.
  • Proficiency in Salesforce and other sales tools.
  • Willingness to travel as needed.
Responsibilities
  • Develop and maintain strong relationships with existing channel partners.
  • Support Alliances Managers in identifying and onboarding new channel partners to expand the company's market reach.
  • Work with channel partners to generate pipeline according to company goals in order to achieve bookings targets.
  • Co-selling and serving as the primary point of contact for assigned channel partners sales opportunities, addressing their needs and concerns promptly.
  • Collaborate with channel partners to develop and execute joint business plans.
  • Drive sales activities through channel partners to achieve bookings targets.
  • Conduct regular business reviews with partners to assess performance and identify growth opportunities.
  • Provide training and support to channel partners on the company's products, services, and sales processes.
  • Equip partners with the necessary tools and resources to effectively sell and promote the company's solutions.
  • Stay informed about industry trends, competitor activities, and market demands.
  • Gather feedback from channel partners and customers to inform product development and marketing strategies.
  • Maintain accurate records of partner interactions, sales activities, and performance metrics.
  • Prepare regular reports on channel sales performance and progress towards goals.

AppZen automates financial processes for businesses using artificial intelligence. It offers three main services: an Accounts Payable solution that automates invoice entry and matches them with general ledger codes and purchase orders, a Travel and Expense tool that analyzes receipts to detect suspicious purchases and ensures compliance, and a card monitoring service that tracks real-time card usage to categorize expenses and identify fraud. AppZen operates on a software-as-a-service model, allowing easy integration with existing systems and promising a quick return on investment. Its focus on efficiency and compliance sets it apart from competitors in the financial technology market.

Company Stage

Series C

Total Funding

$98.2M

Headquarters

San Jose, California

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Generative AI in AppZen Inbox boosts AP automation, reducing manual tasks.
  • Strategic partnerships expand AppZen's market reach and service offerings.
  • AI integration in expense management improves compliance and fraud detection.

What critics are saying

  • Emerging fintech startups may erode AppZen's market share.
  • Economic downturns could reduce enterprise spending on SaaS solutions.
  • Data privacy regulations pose challenges in handling sensitive financial data.

What makes AppZen unique

  • AppZen uses AI to automate financial processes, enhancing efficiency and compliance.
  • The platform integrates with existing systems, minimizing IT effort for clients.
  • AppZen's SaaS model offers quick ROI, appealing to cost-conscious enterprises.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

Paid Parental Leave

Flexible Work Hours

INACTIVE